Signs of renewal revisited: Silicon Forest week in review

Faith Cathcart/The OregonianPuppet Labs won $5 million in venture backing this week, led by Kleiner Perkins. It operates in SplashCast's former Old Town offices, but is looking for new quarters to accommodate its growing staff.

There are a host of bright prospects, but it could be years before we know how well all this potential pans out.

In the meantime, let's review the vibrant week in Oregon tech:

IN THE NEWS

Jive Software landed $30 million in new money from VC heavyweights Kleiner Perkins and Sequoia. The Silicon Florist has a rundown of the national media's take on the deal, as well as what it does -- and doesn't -- mean for Portland. Most of Jive's employees in Portland, but its headquarters and most of its executives aren't.

Puppet Labs secured $5 million from Kleiner Perkins and is accelerating its own growth.

The PBJ tallied up a flurry of deals (you need a subscription to read it).